LexisNexis Goes "Back to School" at NC State

LexisNexis Goes "Back to School" at NC State

Relocation Plans to NC State's Centennial Campus Doubles North Carolina Footprint and Advances Commitment to Building a "Software Center of Excellence"

CARY, N.C.--(BUSINESS WIRE)-- LexisNexis® Legal & Professional, a leading provider of content and technology solutions, announced today it has reached an agreement to move its software business from Cary to Raleigh, North Carolina. The new location on North Carolina State University's Centennial Campus will serve as the headquarters for the LexisNexis Business of Law Software Solutions (BLSS) division and other product and technology groups within the LexisNexis community.

"NC State's partnership with LexisNexis demonstrates our ongoing commitment to innovation," said Chancellor Randy Woodson. "We couldn't be more excited about the company's move to Centennial Campus."

The relocation increases the space available to LexisNexis as it fulfills its commitment to build a "Software Center of Excellence" in North Carolina. The Centennial Campus office location will provide the software division with 120,000 square feet of office space - or more than double the space it currently occupies - and will also offer ample room for up to 650 employees. LexisNexis currently employs about 247 people in its Cary location, well on its way to meeting the commitment it made to North Carolina in February 2012 to create 350 jobs over five years.

"Our new office location, centered in the midst of one of the most vibrant and dynamic learning institutions for engineering in the country, is inherently beneficial to employees and customers alike," said Michael Lipps, vice president and managing director for the LexisNexis BLSS business. "Centennial Campus is brimming with passion, enthusiasm and ideas for technology innovation; the university location literally represents the intersection of theoretical research with practical application."

NC State's Centennial Campus houses the nation's fourth largest undergraduate engineering program in the country and offers more than 1,200 acres of land that houses more than 34 buildings serving more than 65 corporate, government and non-profit partners. LexisNexis aims to leverage its office location on campus to an advantage in attracting talent to its software businesses.

A formal reception to kick off the move, which is being billed as a "back to school event," will be held at 2:30 p.m. on Oct. 4, 2013 at the James B. Hunt Jr. Library Auditorium on Centennial Campus. The event will feature a lineup of distinguished speakers and welcome LexisNexis employees to the community. The actual move is set to begin in early 2014 and should be complete by year's end.

"Raleigh is ranked by Forbes as #3 on the best places for business and careers - and certainly public-private partnerships like those at NC State contribute to that ranking," added Lipps. "From leading academic institutions and access to talent - to the region's technology and political leadership, Raleigh, NC represents a trend line of which we want to be a part."

About LexisNexis Legal & Professional

LexisNexis® Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content, to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. Part of Reed Elsevier Inc., LexisNexis Legal & Professional serves customers in more than 100 countries with about 10,000 employees worldwide.

LexisNexis helps professionals at law firms and legal departments of all sizes manage the business element of their practice with innovative software and mobile solutions for customer relationship management, competitive intelligence gathering and assessment, time and billing management, matter management, client analysis, legal holds and more.

About NC State and Centennial Campus

NC State is the largest public university in North Carolina, with more than 34,000 students and 8,000 faculty and staff. The university is ranked third among all public universities (without medical schools) in industry-sponsored research expenditures and total annual research expenditures exceed $400 million.

Centennial Campus is a 1,227-acre research park and campus owned and operated by North Carolina State University. Home to more than 65 corporate, governmental and non-profit "partners" and adjacent to main campus, the scenic property is also home to numerous university programs, including the College of Engineering, College of Textiles and the College of Veterinary Medicine. The campus includes a 600-student public middle school, private and student residential units, public lake, 18-hole golf course, walkways and ball fields. It also features the state-of-the-art James B. Hunt, Jr. Library, a 220,000 square-foot university library, which includes an automated book retrieval system and more than 100 technologically advanced group study rooms.

Photos/Multimedia Gallery Available:http://www.businesswire.com/multimedia/home/20130926006238/en/

LexisNexis Legal & Professional
Frank Strong, 202-352-5920

KEYWORDS: United States North America North Carolina


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